The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Mitek Systems Inc’s current trading price is -31.98% away from its 52-week high, while its distance from the 52-week low is 40.55%. The stock’s price range for this period has been between $6.93 and $14.32 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 1.48 million for the day, a number notably higher than the average daily volume of 0.48 million over the last three months.
Mitek Systems Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $14.32 on 05/14/24, while the lowest price for the same duration was marked at $6.93 on 04/09/25.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Mitek Systems Inc (MITK) has experienced a quarterly decline of -7.06% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 440.64M and boasts a workforce of 630 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 9.40, with a change in price of +0.84. Similarly, Mitek Systems Inc recorded 585,463 in trading volume during the last 100 days, posting a change of +9.44%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for MITK stands at 0.70. Similarly, the long-term debt-to-equity ratio is also 0.02.
MITK Stock Stochastic Average
As of today, Mitek Systems Inc’s raw stochastic average for the last 50 days stands at 63.00%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 58.02%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 82.44% and 87.87%, respectively.
MITK Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price loss of -12.49% this year. Over the last six months, there has been a weaker performance of 12.73%. The price of MITK fallen by 22.06% during the last 30 days period. For the last 5-days stocks have improved 18.20%.
